2019 Q2 Crypto Correlations Review – Summary Of Binance Research

2019 Q2 Crypto Correlations Review - Summary Of Binance Research

2019 Q2 Crypto Correlations Review – Summary Of Binance Research

Cryptocurrencies have experienced the best 3-month growth since 2017.

BTC correlation with other cryptoassets fell significantly in Q2.

Cryptoassets with more important idiosyncratic factors such as BNB, LINK or BSV exhibited relatively low average correlations with other cryptoassets.

“Binance effect”: coins not listed on Binance exhibited lower average correlations than coins listed on Binance.

PoW cryptocurrency average correlations fell the most in Q2, compared to Q1.

Privacy coins exhibit higher than average correlations with each other.

Similar functions seem to lead to higher than average, correlations between two cryptoassets.

Cryptoassets that conducted a public sale on Binance Launchpad are, on average, less correlated with others.

2019 Q2 Crypto Correlations Review – Learn More Information At: https://info.binance.com
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